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Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control…

Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control…

Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control…

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial…

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial…

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial…

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial…

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial…

F.A. Hayek coined the term spontaneous order to point out that the prosperous societies are also societies where people are free to…